ApolloHospital swings with SL of 6100 or below the 20 EMA. The stock forms a W pattern with good volume according to technical analysis, it should be considered for a long position.
***Safe Traders, Trade only if get a closing above 6474***
Stock is in their uptrend & recently it has given resistance breakout, interesting to see move henceforth
Only for educational purpose
Not reccomdation
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
This is a Life time high breakout setup. Usually strong stocks shows strength even during market correction. And becomes the winner of upcoming rally. A stock giving all time high breakout comes under that category. One can plan to invest or trade in...
Stock Name-Apollo Hospitals
Updated Chart
Almost First target got hit.
From the level 4447-5364
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New Entry at 4850-4650
Sl-Closing below 4400 in Weekly
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Got Momentum closing above 5400 in weekly
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Only my view.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like...
Hello Guy's,
Guy's we have seen small rectangle pattern breakout and pullback pattern in APOLLO HOSPITAL. Now chances are high, we can see uptrend continuation from here. I have already explained earlier about this pattern, but again i will copy and paste from gail, so it will be easy to understand to those who newly joined with us.
Q:- What is Rectangle Pattern...
Apollo hospital looking like bearish
It is in strong supply zone ( 5600 to 5900)
It is forming channel pattern aloso
First target@4800
Second target@4400
we have to maintain stop loss@5900(daily candle close above)
The Stock is giving a big breakout of all time high levels of 5813 on daily and weekly chart after almost 2 years. If today the stock managed to close above 5813 the breakout will be said a successful breakout and possible level of targets would be:
1st target - 7000, 2nd target - 9171, 3rd target - 11329.
This stock shared is for educational purpose and does...
Apollo hospital has given breakout pull back and breakout pullback and then breakout and pulling back. it's rs is strong positive. if it breakout again above 5315, sl 4995, first target 5900 and second target may be new high
I have to be Honest , All the assumptions of technical analysis some time can not be made into revenue ,
About this particular stock , there was Huge Negative sentiments when we made entry ,
One of most common tricks of Institutions are they put out negative News only to accumulate
to push the stocks to New high
We made an entry at 1556, today its 4...
# APOLLOHOSPITALS #
# SHORT TERM VIEW BEARISH #
# SELL - 5922 : 6002
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Apollo hospital has been bullish in past 3 days after it formed a positive reversal in the Daily-Time-Frame and took support at 5275 close to the 50 SMA.
Today im observing a positive reversal once again in the 1Hr Time Frame.
My Entry in Apollo Hospital would be at 5688, with a stop loss at 5653 and a target at 5759.
Happy Trading!!
